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At the time of the proposal to merge, the gross NPA ratios of Bank of Baroda, Vijaya Bank and Dena Bank were 12.4%, 6.9% and 22% respectively, [11] and Dena Bank was the weakest among the three in terms of its total business size. [9] The Union Cabinet and the boards of the banks approved the merger on 2 January 2019.
Under the terms of the merger, Dena Bank and Vijaya Bank shareholders received 110 and 402 equity shares of the Bank of Baroda, respectively, of face value ₹ 2 for every 1,000 shares they held. The merger came into effect on 1 April 2019. [15] Post-merger, the Bank of Baroda is the third largest bank in India, after State Bank of India and ...
Vijaya Bank [2] [3] [4] was a PSU bank which was merged with Bank of Baroda on 1 April 2019 with its head office in Bangalore, Karnataka, India. It was one of the nationalised banks in India. The bank offered a wide range of financial products and services to customers through its various delivery channels.
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DeNA, a mobile portal and e-commerce company in Japan Dena Bank , a bank in India Deutschen Energie-Agentur [ de ] , the German Energy Agency; see Nuclear power in Germany
In 2016, the company closed its U.S. subsidiary, DeNA Global, Inc., due to lagging market interest. [12] In 2017, DeNA established an automotive division and created the ride-hailing app "Takuberu", which operated in Kanagawa Prefecture and the city of Yokohama. [13] A year later, it expanded the service nationwide and renamed the app "MOV". [14]
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